Jun, 30, 2024 — BARKSDALE FEDERAL CREDIT UNION is a federal credit union headquartered in BOSSIER CITY, LA with 29 branch locations and about $2.09 billion in total assets. Opened 71 years ago in 1954, BARKSDALE FEDERAL CREDIT UNION has about 162,496 members and employs 435 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BARKSDALE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2701 Village Ln BOSSIER CITY, LA 71112 |
Phone: | (318) 549-8240 |
Fax: | (318) 549-8211 |
Website: | https://www.bfcu.org |
Branches: | 29 branch locations |
Members: | 162,496 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9589 |
---|---|
Membership Type: | Multiple common bond - Primarily military |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $2,092,943,041 |
CEO/Manager: | Patrick B Gullatt |
Chairperson: | Alvin C Oar |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 118,841,274 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 390,361,771 |
Unsecured Loans | 145,206,730 |
Other Loans | 620,040,613 |
TOTAL LOANS | 1,155,609,114 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,356,514 |
Land And Building | 33,450,497 |
Other Fixed Assets | 3,123,685 |
NCUSIF Deposit | 16,847,517 |
All Other Assets | 133,600 |
TOTAL ASSETS | 2,092,943,041 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 189,801 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 24,695,794 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 278,920,815 |
Regular shares | 901,873,166 |
All Other Shares & Deposits | 767,339,814 |
TOTAL SHARES & DEPOSITS | 1,948,133,795 |
TOTAL LIABILITIES | 1,973,019,390 |
Regular Reserve | 0 |
Other Reserves | 454,405 |
Undivided Earnings | 119,469,246 |
TOTAL EQUITY | 119,923,651 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,092,943,041 |
INCOME & EXPENSE | |
Loan Income | 38,345,848 |
Investment Income | 7,375,927 |
Other Income | 10,255,386 |
Total Employee Compensation & Benefits | 21,555,463 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 28,270,064 |
Non-operating Income & (Expense) | 1,764,552 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,075,000 |
Cost of Funds | 8,600,203 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 8,776,100 |
↑ Back to Top |